The new Layer 2 network aims to make the ENS project more decentralized and open to new use cases and connections, solving the issues previously caused by the Ethereum mainnet.

Large-scale adoption of Ethereum by Layer 2 chains led to a quick fill-up of blob space. Vitalik Buterin urged to allow for more cheap space for L2 usage in the closest upgrade.

The project seeks to introduce the first Bitcoin L2 solution that allows interaction with Bitcoin DeFi directly from users’ Bitcoin wallets.

As investor interest in Sui grows, driven by influencers and new investment vehicles, the pressure mounts for it to demonstrate practical utility and user engagement.

Despite relatively poor token performance, Blast is demonstrating strong traction, with 1.5 million users and 800,000 daily transactions.

Focusing on institutional adoption has made one of the oldest layer-ones in the industry, the IOTA Foundation, almost unbeknown to retail users. A new L2 and a targeted acceleration program are taking it out of the shadows.

The project aims to offer a low-cost data availability solution and will be competing with other solutions developed by Celestia and EigenDA.

TON Applications Chain will allow Ethereum developers to access the TON ecosystem. The project is backed by The Open Platform (TOP) labs, which co-built Notcoin and Wallet earlier.